Crypto soothsayer
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Current news from the world of cryptocurrencies and market analysis. Read us and have up-to-date information! We are open for cooperation: https://t.me/kryptoadv
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๐Ÿค– The Great Bitcoin Garbage Hunt ๐Ÿ—‘

James Howells, the unlucky IT engineer from Newport, is suing his local council for $647M after accidentally tossing a hard drive containing 8,000 BTC during a 2013 cleanup. Talk about expensive spring cleaning! ๐Ÿ˜…

Howells has been begging the council for years to let him dig through 110,000 tonnes of trash to recover his fortune, even offering them 10% of the treasure. But the council said, "Nah, we donโ€™t want asbestos-flavored Bitcoin!" ๐Ÿงช๐Ÿ’จ

Despite robots, garbage, and grand recovery plans, the council insists: โ€œNo digging โ€“ too much methane!โ€ ๐Ÿ’จ๐Ÿšซ So James heads to court this December, hoping a judge will side with his crypto crusade.

Lesson learned? Keep your hardware wallet out of the trash. ๐Ÿ“ฆ
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๐Ÿ”“ China โ€œhacksโ€ crypto! Or... did they? ๐Ÿค”

Chinese scientists claim their quantum computer cracked some cryptographic algorithms, including ones used in crypto and banking. ๐Ÿ’ป๐Ÿ”‘

But donโ€™t panic just yet! Complete crypto domination isnโ€™t happening anytime soon. Plus, back in March 2024, Vitalik already flexed that Ethereum has an update ready to block quantum attacks. ๐Ÿ›ก๐Ÿ’ช

So, no need to dump your bags over cheap FUD โ€“ weโ€™ve seen scarier stuff than this! ๐Ÿ‘Š๐Ÿ˜Ž
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๐Ÿš€ Bitcoin Smashes $64K, Shorts Get Wrecked! ๐Ÿ’ฅ

Bitcoin surged to $64,300, leaving 54,422 traders with over $100M in liquidations! Turns out, betting against BTC wasnโ€™t the smartest move. ๐Ÿคจ

Meanwhile, Mt. Gox delayed its $9B Bitcoin return, calming sell-off fears and giving the market some breathing room. Investors are riding the โ€œUptoberโ€ wave, with Bitcoin gaining in 9 of the last 11 years. ๐ŸŸข

Even Ethereum joined the party, breaking through $2,500 with bullish vibes all around. Bears are now praying for a miracle as analysts cheer: โ€œThe next big rally is already here!โ€ ๐Ÿ‚๐Ÿ™
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๐Ÿจ Bitcoin Miner Moves Into a Hotel... and Brings His Mining Rig! ๐Ÿ’ป๐Ÿ’ฐ

One ambitious Bitcoin miner just shared a photo of his hotel room filled with mining machines. Looks like he's planning to pay for his entire stay with some serious BTC action! ๐Ÿ˜

This trend isnโ€™t newโ€”savvy miners have been setting up rigs in Airbnb rentals for a while now. One Airbnb host even reported his guests burned through a month's worth of electricity in just 4 days by mining Bitcoin! โšก๏ธ๐Ÿ’ธ

Lesson? If you see someone checking into a hotel with 10 power cords and a suspicious number of fans... they might be mining! ๐Ÿ˜…
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๐Ÿ‡บ๐Ÿ‡ธ Trump Effect Sparks Crypto Fund Inflows! ๐Ÿš€

From October 6 to 12, crypto funds saw inflows of $407M, reversing the $147M outflow from the previous week, according to CoinShares. ๐Ÿ“Š

Experts say itโ€™s not macroeconomic data or Fed policy driving this shiftโ€”it's the growing odds of Trump winning the US presidential race. ๐Ÿ—ณ With Trump pulling ahead of Kamala Harris, investors are betting on his pro-crypto stance bringing better days for digital assets. ๐Ÿ’ธ

Looks like the bulls are rooting for Trump! ๐Ÿ‚
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๐Ÿ“ˆ Crypto on the Rise, All Eyes on US Macroeconomics! ๐Ÿ‡บ๐Ÿ‡ธ

The week kicked off with Bitcoin surging 5.20%, hitting $65,820, and altcoins following the upward trend. But the party isn't over yetโ€”key US macro events could shake things up! ๐ŸŽข

๐Ÿ‘€ Whatโ€™s on the radar?

โ–ช๏ธLabor market data: A softening job market could trigger a shift toward crypto.

โ–ช๏ธRetail sales report: A 0.7% MoM increase may signal economic acceleration or a no-landing scenario. ๐Ÿ›ฌ

โ–ช๏ธIndustrial production & corporate earnings: Big players like Citi, BoA, and Schwab release earnings soonโ€”strong results might boost both stocks and crypto! ๐Ÿ“Š

With inflation fears growing and the Fed on edge, this week could bring wild swings across markets. Buckle up, traders! ๐Ÿš€
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๐Ÿš€ ETH Aiming for $6,000!๐Ÿค‘

According to the latest chart analysis, every time ETH bounces off the lower boundary of its channel, it gains an average of 130%. If this pattern holds (with support at $2,300), the next target could be a fresh $6,000 ATH! ๐Ÿ’ฅ

And with BTC creeping back to $66K, these predictions feel extra tempting... ๐Ÿงช๐Ÿ˜
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Turns out, Bitcoin is like that friend who shows up 8 weeks late to every trendโ€”it's been tracking the global M2 liquidity chart with a serious delay. ๐Ÿ“‰โžก๏ธ๐Ÿ“ˆ

So... is the ATH already here, lurking quietly in the room with us? ๐Ÿ‘€ Maybe. Or maybe itโ€™s just hiding behind the couch, waiting to jump out and yell, โ€œSurprise!โ€ ๐ŸŽ‰
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๐Ÿ‡บ๐Ÿ‡ธ Kamala Discovers Crypto! ๐Ÿš€

In a surprising twist, Kamala Harris has finally given a nod to cryptocurrencies! ๐Ÿช™ In her latest program, Point 3 promises to protect crypto investmentsโ€”but hereโ€™s the catch: it only applies to Black Americans as part of a separate initiative. ๐Ÿค”

Well, itโ€™s not a full moonshot, but hey, progress is progress! Maybe one day weโ€™ll all get a bit of that crypto love. Until then, weโ€™ll take what we can get. ๐Ÿ˜…
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๐Ÿช™ US Spot Bitcoin ETFs Pull in $556M โ€“ Highest Since June! ๐Ÿ’ฐ

ETFs just attracted $556M in a single session, their best result since June. ๐Ÿš€ But hereโ€™s the kicker: their strategy seems to be... buy high, sell low. ๐Ÿ“‰๐Ÿ“ˆ

Genius, right? So how exactly are they planning to profit? ๐Ÿค” Or are they just here for the fun? ๐Ÿ˜…
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๐Ÿ“ˆ Simple Strategy, Big Profits: $2.8M in 38 Days! ๐Ÿ’ฐ

Meet myparagon.eth, the trader who took advantage of the "buy low, sell high" strategy. He grabbed 9050 ETH at $2293 in early September, then cashed out at $2598 between September 30 and October 15 for a cool $2.8M profit. ๐Ÿš€

No futures, no leverageโ€”just classic trading 101. ๐Ÿง‘โ€๐Ÿซ

But hereโ€™s the real question: Does this mean heโ€™s not betting on ETHโ€™s future growth in this cycle? ๐Ÿค” Or maybe heโ€™s just playing it safe, waiting to buy the next dip... ๐Ÿซฃ
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Crypto soothsayer
The Polkadot team spent $37,000,000 on marketing campaigns over 6 months. ๐Ÿ™€ ๐Ÿ—ฃ At the current spending rate, Polkadot has funds left for 2 more years โ€“ the community criticizes the high project expenditures on PR that doesn't yield results. Victor Ji, founderโ€ฆ
๐Ÿ’ธ Polkadot Tightens the Purse String! ๐Ÿ˜…

After getting some community side-eye for wild spending, Polkadot slashed its marketing budget. ๐Ÿ’€

In Q2, they earned a humble $250K while burning through $80M (oops). But in Q3, they got thriftyโ€”only spent $27.3M this time. ๐Ÿซฃ Progress, right?

At least theyโ€™re moving in the right direction... one budget cut at a time. ๐Ÿคทโ€โ™‚๏ธ
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๐Ÿš€ Bitcoin Eyeing $233K by Q1 2025? RSI Says Yes! ๐Ÿค‘

According to Bitcoindata21, BTC is warming up for a rocket ride to $233,000 (or more) by early 2025. Theyโ€™re using the RSI (Relative Strength Index) to back their claimโ€”historically, when RSI peaks, Bitcoin blows the roof off. ๐Ÿ ๐Ÿ’ฅ

Current RSI levels hint that Bitcoin has plenty of room to grow, with traders pointing out that previous bull runs went from $10K to $67K in just 7 months. Now, with trillions in traditional finance lurking, waiting to FOMO, the next leg up could be legendary. ๐Ÿ’ธ๐Ÿ“ˆ

"If you think this time is different... well, good luck with that," quips Bitcoindata21.

Hold on tightโ€”if history repeats, the ride will be epic! ๐ŸŽ
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๐Ÿ’ฅ Fed vs. Bitcoin: Kashkari Calls BTC โ€˜Worthless'!

Minneapolis Fed President Neel Kashkari isnโ€™t impressed with Bitcoin, calling it a โ€œworthless assetโ€ despite its 12-year track record. Meanwhile, BTC just keeps flexingโ€”up 48% this year and attracting $556M in ETF inflows on October 14 alone! ๐Ÿ“ˆ๐Ÿš€

Even with a rocky Q3, Bitcoin's open interest hit $19.8B, showing traders are still bullish. ๐Ÿ›  And with Trump promising to make the U.S. a crypto hub (and Kamala joining the crypto-friendly club), Bitcoinโ€™s future could hinge on the 2024 elections. ๐Ÿ—ณ

Cold wallets are filling up, and CEX reserves are at an all-time low. Looks like investors are in for the long haulโ€”whether Kashkari likes it or not. ๐Ÿ˜‰
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โšก๏ธ $30M Vanishes in an Hour as Bitcoin Takes Traders for a Wild Ride ๐ŸŽข

At 12:30 UTC, Bitcoin shot up from $65,500 to $67,950 in just 30 minutesโ€”its highest price since July. ๐Ÿš€ But, like a rollercoaster, it crashed almost 4% by 15:00 UTC, erasing all gains. ๐ŸŽข

$20M in shorts got liquidated during the sudden rise as bearish traders were wiped out. ๐Ÿ’ฅ

Right after, longs faced forced liquidations, with traders losing another $11M as Bitcoin's price nosedived. ๐Ÿคฏ

In the last 24 hours, over 92,000 traders lost a whopping $300M due to Bitcoinโ€™s wild volatilityโ€”affecting both bulls and bears equally. โš”๏ธ

Now, Bitcoin is slowly recovering, trading near $67K. Is this just the warm-up? ๐Ÿง
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๐Ÿš—๐Ÿ’ฐ Tesla Moves $760M in Bitcoin โ€“ Sell-Off or Self-Custody? ๐Ÿง

Tesla just shifted $760M worth of Bitcoin, sparking rumors on Twitter of a major sell-off. However, some sharp-eyed users claim this is simply a move to self-custody, pointing to the format of the new addresses. ๐Ÿ”

According to Arkham, Tesla's Bitcoin was previously held by Coinbase Prime Custody, so this could be part of a new strategy for holding their crypto. ๐Ÿ›ก

So, is it time to panic or just another day of Tesla playing 4D chess with Bitcoin?
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๐Ÿ’”Hong Kong Scammers Swipe $46M in Crypto ๐ŸŽญ

Hong Kong scammers went full cyber mode, using deepfake videos to pose as attractive women on dating sites. They convinced love-struck men to invest in "high-return crypto schemes" โ€” and pocketed $46 million! ๐Ÿ’ธโœจ

Police busted the operation and found a scoreboard tracking the syndicate's "achievements," with last monthโ€™s top scammer earning a cool $266k. ๐Ÿคฏ Moral of the story? Be careful with video calls โ€” that charming smile might be a digital mask hiding a crypto mastermind! ๐Ÿ˜ฌ
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๐Ÿƒ "Bullish BTC Market Could Kick Off This Month," Says Crypto Trader ๐Ÿš€

On average, Bitcoin's bullish trend begins 170 days after a halving, and guess what? We're now at 178 days since the last halving. Could this be the spark for the next BTC rally? ๐Ÿ”ฅ

Time to watch the charts, HODL, and hope the bulls are ready to run! ๐Ÿ‚
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Someone just bet over $1 million that Trump will lose the election! ๐Ÿ’ธ

On the crypto betting platform Kalshi (Polymarket's competitor), a mysterious trader placed more than $1 million on Trump losing the upcoming election.

Insider info or just strong faith in Kamala Harris? ๐Ÿ‘€ While everyoneโ€™s guessing, it looks like Trump has found another opponentโ€ฆ this time in the crypto space. ๐Ÿ˜…
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Bitcoin broke through $68,000!

f it holds, it will break out of the expanding descending channel. Will it really be an Uptober? ๐Ÿš€
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US Prosecutors Demand 5-Year Sentence for Mastermind Behind $6B Bitfinex Crypto Heist ๐Ÿ’ฅ

It looks like the "Crocodile of Wall Street's" partner in crime, Ilya Lichtenstein, might be trading in his keyboard for handcuffs! Prosecutors want him to serve 5 years for masterminding the $6 billion Bitfinex heist. His wife and accomplice, Heather "Razzlekhan" Morgan, gets 18 months for her rap... and her role in laundering the stolen crypto.

Lichtensteinโ€™s cyber moves shook the crypto world, but prosecutors hope a tough sentence will send a clear message to other would-be hackers: โ€œMess with the blockchain, and you'll pay the price!" ๐Ÿ•ต๏ธโ€โ™‚๏ธ๐Ÿ’ฐ

Their high-tech tricks included mixing services, NFT shopping, and even Walmart gift cardsโ€”because apparently, when you're laundering millions, you still need household essentials! ๐Ÿ˜… The sentencing is set for November, and all eyes are on what happens next.

๐ŸŽฅ P.S. Amazonโ€™s making a documentary on this crypto heist!
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